This week’s readings / links include a profile of Teresa Barger (Cartica Management), Ben Thompson on Dropbox, thoughts on China’s development trajectory, an update from the Scottish Oriental Smaller Companies Trust and a conversation with Jerry Yang.

• Where (most) activists fear to tread: Teresa Barger, co-founder of Cartica Management, explains why her firm applies activist investing techniques exclusively to emerging markets.
• The Dropbox comp: Even if the utility and durability of Dropbox’s product was immediately apparent, the long-run trajectory of its business is less so.
• Grand illusion 2.0: Economists shocked that China invalidates their pet view that economic liberalization leads to political liberalization.
• Scottish Oriental ditches ‘plodders’ in trust ‘evolution’: Stock selection in South East Asia has hurt Scottish Oriental Smaller Companies but manager Vinay Agarwal is ditching the ‘value traps’ in China and Singapore.
• Interview with Jerry Yang: GGV Capital’s new podcast series.